How major US stock indexes fared Wednesday

Stocks closed mostly higher on Wall Street Wednesday as a benign reading on inflation led to long-term interest rates easing lower in the bond market.

The S&P 500 added 0.6%, but a pullback in Big Tech stocks pulled the Nadsaq down slightly. The Dow Jones Industrial Average closed at a record high. A key measure of inflation came in lower than expected for February, helping to allay concerns that prices could rise too quickly as the economy recovers. The yield on the 10-year Treasury note fell.

On Wednesday:

The S&P 500 rose 23.37 points, or 0.6%, to 3,898.81.

The Dow Jones Industrial Average rose 464.28 points, or 1.5%, to 32,297.02.

The Nasdaq fell 4.99 points, or less than 0.1%, to 13,068.83.

The Russell 2000 index of smaller companies rose 40.62 points, or 1.8% to 2,285.68.

For the week:

The S&P 500 is up 56.87 points, or 1.5%.

The Dow is up 800.72 points, or 2.5%.

The Nasdaq is up 148.68 points, or 1.2%.

The Russell 2000 is up 93.47 points, or 4.3%.

For the year:

The S&P 500 is up 142.74 points, or 3.8%.

The Dow is up 1,690.54 points, or 5.5%.

The Nasdaq is up 180.55 points, or 1.4%.

The Russell 2000 is up 310.83 points, or 15.7%.

Copyright © 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Related Categories:

Business & Finance

Like WTOP on Facebook and follow @WTOP on Twitter to engage in conversation about this article and others.

Get breaking news and daily headlines delivered to your email inbox by signing up here.

© 2021 WTOP. All Rights Reserved. This website is not intended for users located within the European Economic Area.

More from WTOP

Log in to your WTOP account for notifications and alerts customized for you.

Sign up